CyberOptics Corporation (NASDAQ:CYBE) is reporting third quarter financial results on Thursday 22nd October 2020, after market close.
According to analysts surveyed by Thomson Reuters, CYBE is expected to report 3Q20 income of $ 0.27 per share from revenue of $ 20.10 million.
For the full year, analysts anticipate top line of $ 70.10 million, while looking forward to income of $ 0.75 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 19.50 million ~ $ 21.50 million
Click Here For More Historical Outlooks Of CyberOptics Corporation
Previous Quarter Performance
CyberOptics Corporation announced income for the second quarter of $ 0.17 per share, from the revenue of $ 16.00 million. The quarterly earnings 183.33 percent while revenues gained 6.38 percent compared with the same quarter last year.
Wall street analysts are predicting, CYBE to report 2Q20 income of $ 0.07 per share from revenue of $ 16.20 million. The bottom line results beat street analysts by $ 0.1 or 142.86 percent, at the same time, top line results fell short of analysts by $ 0.2 million or 1.23 percent.
Stock Performance
Shares of CyberOptics Corporation traded low $ -2.10 or -5.45 percent on Wednesday, reaching $ 36.46 with volume of 58.70 thousand shares. CyberOptics Corporation has traded high as $ 39.06 and has cracked $ 36.25 on the downward trend
The closing price of $ 36.46, representing a 201.96 % increase from the 52 week low of $ 12.77 and a 11.32 % decrease over the 52 week high of $ 43.48.
The company has a market capital of $ 264.44 million and is part of the Technology sector and Scientific & Technical Instruments industry.
Conference Call
CyberOptics Corporation will be hosting a conference call at 4:30 PM eastern time on 22nd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cyberoptics.com
CyberOptics Corporation develops and manufactures high precision sensing technology solutions worldwide. Its sensors are being used in surface mount technology (SMT), semiconductor, and metrology markets to improve yields and productivity. The company offers multi-reflection suppression sensors for application in the SMT, semiconductor, and metrology markets; and strobe inspection modules for use in 2D automated optical inspection (AOI) systems.
